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Michigan Governor Race Set: Benson Faces Trump-Backed James in Fall Showdown
Michigan Secretary of State Jocelyn Benson won the Democratic primary for governor on August 4, while Trump-backed Rep. John James won the GOP nomination. The two will compete in November to replace term-limited Gov. Gretchen Whitmer.
Costco Canada Recalls Alfa Croissants Over Mould Risk on August 5
Costco Canada recalls Alfa Croissants 24-packs due to mould risk in lot codes 10726 and 08626. Affected products sold June-July 2026 at Costco Business Centres. Full refunds available.
Sports Entertainment Group Takes Over Giants Super Netball Licence From October 1
SEG acquires Giants Super Netball licence from Netball NSW, effective October 1, 2026. The company now owns two Super Netball franchises alongside Melbourne Mavericks, ending football codes’ involvement in the league.
NHK Apologizes for Sexual Harassment of Staff Member; 3-Year Delay in Job Transfer
NHK admits staff member was sexually harassed by performer, developed PTSD, and faced 3-year delay in transfer. Broadcaster apologizes for inadequate response and promises compensation review.
FTSE 100 (^FTSE) Rises 0.41% as U.S.-Iran Hormuz Deal Nears; DAX (+0.49%), CAC 40 (+0.12%) Advance
On 5 August 2026, European stock markets traded higher as expectations grew that the United States and Iran were moving closer to an agreement to restore safe shipping through the Strait of Hormuz, one of the world’s busiest oil routes. The FTSE 100 climbed 0.41%, Germany’s DAX gained 0.49%, and France’s CAC 40 added 0.12%….
Beazley (LSE: BEZ) Profit Falls 53% Ahead of £8.1B Zurich Takeover; Shareholders to Receive £13.35 Per Share
Beazley posted a 53% drop in first-half pretax profit on August 5, 2026. The London-based specialty insurer generated $237.7 million, down from $502.5 million last year. Despite the earnings decline, shareholders await a recommended £8.1 billion takeover by Zurich Insurance Group. Under agreed terms, investors receive £13.35 per share before the transaction closes later this…
Chevron Falls 1.4% as Trump Attacks Oil Windfall Profits on August 5
Trump attacks Chevron and ExxonMobil for record profits from Iran conflict, demanding price cuts. Chevron Q2 profit surged 400% to $12.1B as gas prices hit $4.10/gallon.
Arista Networks (NYSE: ANET) Surges 13% After Q2 Earnings Beat; Revenue Tops $3.04B, Outlook Raised
Arista Networks stock surged over 13% on August 5, 2026, following outstanding Q2 earnings. The networking leader delivered record quarterly revenue of $3.04 billion, representing 37.7% year-over-year growth. Adjusted earnings per share reached $1.02, easily beating Wall Street estimates of $0.88. Strong cloud demand pushed management to raise full-year performance targets. Record Quarter Driven by…
AMD Drops 7.4% Despite Strong Revenue Outlook as Investors Demand Bigger AI Growth; $61B Market Value at Risk
On August 5, 2026, AMD stock experienced a sharp reversal despite reporting strong results. The semiconductor giant delivered second-quarter revenue of $11.54 billion, up 50.1% year-over-year. Adjusted earnings per share reached $1.66, topping Wall Street consensus estimates. Yet, shares fell 7.4% as investors demanded even faster artificial intelligence growth. This sudden drop put over $61…